Hope this was helpful.

There’s more to these IB policies than can be explained here but I hope you got the general idea. 

Readers are advised to seek professional advice.

Once I purchase a multi unit, I’m going to pivot and purchase an SFR, hopefully picking up 5+ units this year.The property has a lot of deferred maintenance but not a lot needs to be done immediately and can be spread out over 1-2 years.Purchase - 415kRent - 4800/ moCash out of pocket - 15kMaintenance, cap ex, vacancy- 540/ moCash flow after all expenses- 850/ moConcerns:- Buying at 6% interest and not waiting for rates to go down- If we do hit a recession and rates/ values drop, would my rents go down toI appreciate any and all feedback!

And, if you choose well you get the advantage of a sponsor who has years more experience than you can ever hope to gain.

Readers are advised to seek professional advice.

Readers are advised to seek professional advice.

Readers are advised to seek professional advice.

Hope this helps & I wish you the best. 

We plan on doing some renovations to the house to hopefully drive the value up.